6, ELM TREE CLOSE, OTHERY, BRIDGWATER, TA7 0QX - £228,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 ELM TREE CLOSE is a small detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £369,445. It was last sold for £228,000 in September 2012, which was around 19% below the average September 2012 detached price in the Somerset local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

6 ELM TREE CLOSE Sold Prices

Land registry data shows two sales for 6 ELM TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 6 ELM TREE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 18 SEP	£228,000	£282,586	19% below HPI
2005 8 APR	£249,900	£260,863	4% below HPI

6 ELM TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 6 ELM TREE CLOSE sales from April 2005 and September 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 ELM TREE CLOSE be worth now?

6 ELM TREE CLOSE might now be worth an estimated £369,445.

This is based on house price inflation of 62%, between September 2012 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62% inflationary increase is applied to the most recent sale price for 6 ELM TREE CLOSE of £228,000 on 18th September 2012. For the value to have increased from £228,000 to £369,445 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 6 ELM TREE CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2012 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELM TREE CLOSE has not materially changed since September 2012.

How Large is 6 ELM TREE CLOSE?

6 ELM TREE CLOSE is 123m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses houses in Othery, based on EPC data. The below chart shows the distribution of detached houses houses by size in Othery, and where 6 ELM TREE CLOSE lies on this distribution: 39% of detached houses houses are smaller than 6 ELM TREE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Othery.

6 ELM TREE CLOSE: Plot and Title Map

6 ELM TREE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 6 ELM TREE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 ELM TREE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 ELM TREE CLOSE?

6 ELM TREE CLOSE is located in OTHERY, in the TA7 postcode district. The below map shows the position of No. 6 on ELM TREE CLOSE.